Saskatoon Real Estate Agent Kari Calderhttp://www.saskatoonrealestate.net
Wed, 13 Mar 2019 20:53:26 +0000en-UShourly1https://wordpress.org/?v=4.0.26February Real Estate Market Updatehttp://www.saskatoonrealestate.net/february-real-estate-market-update
http://www.saskatoonrealestate.net/february-real-estate-market-update#commentsWed, 13 Mar 2019 20:53:26 +0000http://www.saskatoonrealestate.net/?p=3398Record breaking…COLD! The month of February in Saskatoon was colder than ever which contributed to less houses being listed for sale this year than the previous month and year. There were 731 properties for sale in Saskatoon and area compared to 783 in 2018, down 7%. Despite hell freezing over here (I am sure that is what it feels like as REALTORS® in Saskatoon had keys freezing to our fingers!) we had an increase in area sales of 6% where 280 properties sold in 2018 and 296 in 2019.

The average home price in Saskatoon is down 5% from 2018 where the average was $337,497 and this year was $320,864 but the 6 month rolling average was only down 3% from 2018 with this year’s average rolling number at $327,911.

So far this year for the areas surrounding Saskatoon we are seeing a 4% increase in sales to date with 126 properties around Saskatoon selling in 2019 so far, up from 121 the previous year.

The average property price outside of Saskatoon dropped dramatically in February 2019 from 2018, a whopping 25%! Last year the average property price outside of Saskatoon was $318,287 and this year it was $237,962. There can be many factors affecting these numbers such as several high end properties selling or vice versa. The rolling average was only down 3% from the previous year.

In total Saskatoon real estate number of listings is down 4% from 2018 and in Saskatoon itself there are 1467 properties for sale in Saskatoon which is down 8% from the year before. The areas surrounding Saskatoon saw an 8% increase with a total number of 918 properties for sale around Saskatoon.

We have 3 more real estate offices in Saskatoon compared to the year before and a small drop in the number of REALTORS® in Saskatoon with 556 this year compared to 567 the year before. This accounts for sales people but the total number of licensees is over 600.

As always, if you are looking for a trusted Saskatoon REALTOR® I am more than happy to help guide you through the buying and selling process!

]]>http://www.saskatoonrealestate.net/february-real-estate-market-update/feed0January Real Estate Market Updatehttp://www.saskatoonrealestate.net/january-real-estate-market-update
http://www.saskatoonrealestate.net/january-real-estate-market-update#commentsThu, 07 Feb 2019 17:35:37 +0000http://www.saskatoonrealestate.net/?p=3390The real estate market in Saskatoon was on the quiet side for January which isn’t a surprise as it is January.

The number of properties listed for sale in Saskatoon in January dropped from 923 in 2018 to 861 this year. It is not unusual to see a drop in the number of properties for sale in January compared to other months as it seems a lot of contracts expire on December 31. This will skew the stats but there will likely be more listings coming on as expired properties are revisited on price if they failed to sell in the previous contract.

Saskatoon REALTORS® sold 274 properties in January this year compared to 284 the year before but up from 2017 where only 244 properties sold in Saskatoon.

The average house price in Saskatoon appears to have dropped significantly (12%) from 2017 where it was $344,720 in January compared to $302,412 in January this year but the thing to note is that if there are a lot of high end vs low end sales this skews the numbers as well. The important number is the rolling average price which was down 4% from 2018 where it was $339,635. This year the rolling average price is $325,692 which represents a 4% decrease.

In the surrounding communities the listings stayed pretty consistent from last year at 216 with 60 sales in 2019 compared to 65 the year before. The average price for properties outside of Saskatoon jumped a whopping 23% from $276,448 in 2018 to $341,175 in 2019 but this is likely reflective of some larger acreages and farms selling.

The total number of properties for sale in Saskatoon is currently at 1450 which is down 5% from the year before. Outside of Saskatoon we see a 9% increase with 894 properties for sale.

As far as REALTORS® in Saskatoon and area go we saw a decrease of 14 agents from 2018 and we currently have a total of 614 real estate agents in Saskatoon and area.

If you are looking for a TRUSTED Saskatoon REALTOR® I am your gal! I look forward to helping you achieve your real estate goals in 2019.

Kari Calder

]]>http://www.saskatoonrealestate.net/january-real-estate-market-update/feed0December 2018 Real Estate Updatehttp://www.saskatoonrealestate.net/december-2018-real-estate-update
http://www.saskatoonrealestate.net/december-2018-real-estate-update#commentsThu, 03 Jan 2019 23:11:10 +0000http://www.saskatoonrealestate.net/?p=3384The Saskatoon real estate market for December showed a few changes from the year before but most of the numbers are lower than at the end of 2017. Despite the statistics, most Saskatoon REALTORS® I speak to found themselves busier in December than usual. There is a lot of leg work and work that we do as professionals that we don’t get results from so this is often the case. Saskatoon real estate agents ARE busy, but it is harder to put deals together and keep deals together than it ever has been in my 11+ years in the business.

For the Saskatoon and area market the dollar volume dropped by 7% from December 2017 but overall the year to date decrease was 4% from the previous year. Our listings dropped in December with 452 new houses for sale in Saskatoon and area (and condos) compared to 500 the year before. The annual decrease was 9% with 12,162 properties selling in Saskatoon in 2018 compared to 13,431 in 2017.

For Saskatoon itself, there was a 3% drop in December from the same time last year for how many houses were listed and a total of an 11% drop in listings in Saskatoon for the year with 7956 properties for sale in Saskatoon in 2018. Unit sales in December was down a whopping 20% from 2017 but only 5% for the entire year with 3329 properties selling in 2018.

The average list price in Saskatoon in December was $339,132 which was similar to 2017 so this tells me that there were more upper range homes selling in December as volume was down but prices stayed similar. The yearly average home price in Saskatoon was down only 3% from the year before with the average price of a home in Saskatoon being $333,055 at the end of this year.

For surrounding areas we saw a 20% decrease in listings in December 2018 from 2017 with 101 new listings and a yearly number of 2976, down 6% from the previous year. The total sales for the areas surrounding Saskatoon was balanced from the year before with a total of 986 properties selling outside of Saskatoon and the average home price outside of Saskatoon staying the same at $307,764.

The total number of real estate agents in Saskatoon has remained relatively constant in the past 3 years at approx. 625. This includes residential and commercial REALTORS® in Saskatoon.

]]>http://www.saskatoonrealestate.net/december-2018-real-estate-update/feed12018 Christmas Updatehttp://www.saskatoonrealestate.net/2018-christmas-update
http://www.saskatoonrealestate.net/2018-christmas-update#commentsFri, 21 Dec 2018 15:28:29 +0000http://www.saskatoonrealestate.net/?p=3379Where does the time go? It feels like I was just writing this Christmas update a few months ago and another whole year has passed. I really don’t know where December has went but it has been a busier than normal month for real estate in Saskatoon, at least for this Saskatoon REALTOR®!!

This year has been filled with ups and downs and a few more challenges than usual but overall it has still been a very good year for me and mine. I now have a 4 year old (wait, WHAT?!) who keeps us on our toes. He started preschool this fall and it has been a really nice change for him. He is learning Spanish for the next 2 years at a Spanish Immersion Preschool which has been such a great experience.

I had some health struggles last year and into this year but found out what was wrong and am moving forward more empowered than ever. Health struggles are nothing new to me after a lifetime of misdiagnoses so finally getting to the bottom of it was a more of a blessing than a curse. Onward and upward!

It has been another busy year for some travels as everyone knows how much we live for and love our traveling. We started in Mexico, took a trip to Florida to see friends and spent as much time as we could at our little piece of paradise cabin up north. My husband and I also got away for a trip to Croatia (a MUST if you love traveling!) and his work AGM in Vienna, Austria. It was nice to travel like we did pre-child but we sure missed Grayson.

The Saskatoon real estate market is certainly down from where it was last year in terms of average house price and activity in general but 2019 is projected to be a better year for home sales in Saskatoon. The average house price is currently $332,717 and we have sold 4,368 homes this year compared to 4,368 the year before.

Here is to a healthy and prosperous 2019 to all of you, my valued customers and friends.

Kari xo

]]>http://www.saskatoonrealestate.net/2018-christmas-update/feed0November Market Updatehttp://www.saskatoonrealestate.net/november-market-update
http://www.saskatoonrealestate.net/november-market-update#commentsThu, 13 Dec 2018 15:46:30 +0000http://www.saskatoonrealestate.net/?p=3375
The Saskatoon real estate market for November showed some signs of softening with 203 properties selling in 2018 compared to 259 in 2017 and 242 in 2016. This number is much lower than in 2010 when 287 homes for sale in Saskatoon had sold in the same month. This is a decrease of 17% from 2017 to 2018 however the overall sales for the entire year is only down 2% so don’t let that 17% get you down.

The year to date sales in Saskatoon is the lowest it has been in 10 years yet the economic indicators are pointing in a rebound for the Saskatoon real estate market.

Where we are seeing lower amount of sales we are also seeing a lower amount of listings so this helps keep the Saskatoon real estate market in more of a balanced state. In 2017 we had 850 properties listed for sale at the end of November whereas this year we are seeing 791.

We have a total of 3402 properties for sale in Saskatoon and surrounding area compared to 3458 last year which is only 2% less than last year. There are 1716 houses or condos for sale in Saskatoon compared to 1826 the previous year which is down 6%.

The average price of a house in Saskatoon is currently $332,717 which is down 4% from last year where the average price of a house here was $345,191. The monthly average house price is higher than it was in November of 2017 however this is generally the result of more expensive homes for sale in Saskatoon selling than the lower end product and condos.

It is important to note that even if it seems like a buyer’s market in Saskatoon, many home sellers are still getting close to list price IF (and this is a big IF) they priced their homes appropriately and had the guidance of an experiences and trustworthy realtor in Saskatoon.

There are a total of 627 REALTORS® in Saskatoon which hasn’t changed much since 2017. As one of the three TRUSTED Saskatoon REALTORS® I am proud to have that designation help set me apart from the other 624 real estate agents in Saskatoon and area. I work hard to get my sellers top dollar and a large part of this success is by performing in depth market analysis’s (these often take me 4+ hours) in collaboration with realistic home sellers. If a seller is not realistic about the current market and the information I work very hard to provide then we often see failure.

]]>http://www.saskatoonrealestate.net/november-market-update/feed0Blogging is Back!http://www.saskatoonrealestate.net/blogging-is-back
http://www.saskatoonrealestate.net/blogging-is-back#commentsFri, 02 Nov 2018 16:01:27 +0000http://www.saskatoonrealestate.net/?p=3367Hello everyone! It has been a LONG time since I have blogged so I am letting you know I am back at it! I did have my partner blogging for me for a while as well but then I kept her too busy with helping me help all of you with getting your houses for sale in Saskatoon up and listed and properly marketed…so blogging got put on the back burner.

But now that the winter months are coming I am committing to do more blogging. This won’t take me away from my usual level of care for my Saskatoon real estate clients…instead it will keep everyone up to date on what is currently happing in the Saskatoon and area real estate world so you can make the best decisions when it comes time to buy or sell a home in Saskatoon.

As most of you know, I am very dedicated to my profession and community. I have been serving as a volunteer on a professionalism committee with the Saskatoon Region Association of Realtors which is there to help ensure our REALTORS® in Saskatoon are doing their jobs properly and to the highest standards.

I also continue to volunteer with The Princess Shop in mentoring young women in Saskatoon but also help provide financial support for some of the events in Saskatoon.

Easter Seals is also something I am passionate about supporting and I donate a portion of all of my sales. Whether you are buying or selling a home in Saskatoon and area a portion that I earn goes towards sending kids to camp.

I look forward to keeping you all up to date once again on the happenings in life with a 4 year old, real estate in Saskatoon and other real estate related fun facts and such.

Kari Calder
Century 21

]]>http://www.saskatoonrealestate.net/blogging-is-back/feed0Demand for commercial real estate in Canadahttp://www.saskatoonrealestate.net/demand-for-commercial-real-estate-in-canada
http://www.saskatoonrealestate.net/demand-for-commercial-real-estate-in-canada#commentsThu, 16 Mar 2017 01:24:37 +0000http://www.saskatoonrealestate.net/?p=3054Canada is now considered one of the top markets to invest in commercial real estate. Experts have found that with a high level of economic and geopolitical uncertainty seen globally, that Canada is seeing an increase in investment activity. A new report suggests that real estate investors may look outside of the US in favor of Canada due to Trump and the concerns for the uncertainty around what the foreign policy and trade policy will be. There hasn’t been a consistent outline for a economic strategy that anyone has seen from him yet.

CRBE is one of the world’s largest commercial real estate investment firms and believes that 2017 will be a record breaking year for commercial real estate transactions. In 2016 we saw $34.7 billion in transactions and 2017 is forecasted to see even more. Chinese investors accounted for 71% of all foreign transactions in 2016.

European instability also is a driving force, increasing investments in Canada. The National Front in France’s election wants out of the EU, Brexit, Greece’s increasing debt, and Italy also wanting to leave the EU is causing investors to look at areas with stability and that area is Canada.

Toronto has the lowest vacancy rate of any major North American city with good rental growth projected for 2017. Toronto also has the second lowest industrial availability rate and the second lowest multifamily vacancy rate. It’s hotels also have recorded a record occupancy level for 2016. It’s an investor’s dream.

If you are interested in investing in Saskatoon, commercial or otherwise, I can guide you in the right direction. Please contact me today for more information!

]]>http://www.saskatoonrealestate.net/saskatoon-real-estate-market-update-for-january-2017/feed0The stats don’t lie!http://www.saskatoonrealestate.net/the-stats-dont-lie
http://www.saskatoonrealestate.net/the-stats-dont-lie#commentsThu, 02 Feb 2017 14:39:46 +0000http://www.saskatoonrealestate.net/?p=3036I’m proud to announce that the stats are in for real estate for 2016 and once again I’ve made Double Centurion Producer! I also placed #35 in Canada for units and #57 in Canada for production for all of the agents under the Century 21 Canada umbrella! A HUGE thank you to all my clients who supported me and to all that referred me business over the years.

In addition to Century 21 stats I thought I’d bring you stats on how I stacked up this year compared to the average agent in Saskatoon. At the end of December 2016 there was a total of 561 licensed Realtors® in Saskatoon.

Average sale price was $355.9K while the average sale price of listings I sold in 2017 was $370.0K. 54% of my sales this past year were from listings, ranging between 174,900 and $860,000. The quickest sale was just 4 days on a house in Rosewood and the longest was 166 days on a walkout home in Stonebridge. I was able to get 97.3% of list price for my sellers, above the overall average of 96.9%.

As for my buyers, I was able to secure homes for numerous buyers this year (46% of my sales) with an average sale price of $395,266. 7 were condos while the majority were single family dwellings. As for sale to list price, on the other side of the coin, I was able to achieve 96.8% negotiating for my buyers, just below the 96.9% average.

Overall, 2016 was a great year in real estate for me and with proven success for both my buyers and sellers this year, I’m a great choice when it comes to buying or selling real estate in Saskatoon.